Amman-Mubasher: Jordanian Real Estate Company for Development (JRCD) reported losses of JOD 6,710 for the first quarter of 2015, against profits of JOD 3.46 million in the same quarter of 2014, according to a filing to the Amman Stock Exchange.

JRCD previously reported a rise in profits to JOD 1.11 million in 2014, compared to JOD 162,370 in 2013.

The company’s capital amounts to JOD 34.5 million, distributed on 34.5 million shares at JOD 1 par value each.